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(nav, mats etc.) for $1200 below invoice i.e.25227. Bluetooth will be extra at $300.
We are also going to get rear parking sensors installed at $695. So, overall, it's coming out to : $26222 before taxes, fees etc.
Is it a good/decent deal or do we need to bring it down even more ?
MRSP was 20175
paid 18875
-1500 rebate
-3000 trade in 03 PT cruiser with 89000 miles and cracked windoshield
+ 289 doc fee
= 14464 out the door
Thanks for your help. I'm thinking today i might have paid about 800 too much.
Pretty close, but you got a great car and will enjoy it regardless. I'm about three hours south of you in McKinney, TX. I own a Santa Fe and helped my sister purchase a Sonata last weekend at Huffines. They would have done a base (no package) for $16,800 plus TTL vs. the $17,375 you paid. She went for the preferred package for $17,400 plus TTL and they threw in the window tint. Trade was a 2001 Protege with 118K, cracked w/s and needed a lot of work. We were lucky to get two grand out of it in the shape it was in, which is too bad because if the car was in better condition it would have been gold in the market these days with everyone looking for a good fuel economy car.
2024 Ram 1500 Longhorn, 2019 Jeep Wrangler Rubicon, 2019 Ford Mustang GT Premium, 2016 Kia Optima SX, 2000 Pontiac Trans Am WS6
Prices:
MSRP: $27,735 Invoice: $25,921 + $150 ad fee
Agreed price: $22,355
Doc fees: 199
Taxes, tags, title: 1,676
Basically the current deal for 2009 Sonata of any flavor is:
Invoice-$1,900 discount-$1,500 rebate=agreed price
Very low pressure experience. Very nice sales folks. Highly recommend.
I read on this forum that the Stateline Hyundai dealership in Phillipsburg NJ offered $1900 below invoice with a $100 gas card for any favor. This plus a $1500 rebate for the 2009 cars sounds very attractive to me. For the 2008 leftovers the deal could be even sweeter: $2300 below invoice plus $3000 rebate and $100 gas card. My question to all of you is: would you please help me in locating a dealership in my area (central NJ) that would offer similar deals, because Phillipsburg is too far away (2 hours driving one way?) even though it is in NJ. Anybody bought a new car recently in central NJ?
I can buy the car at the end of the month, next month, or later because I just returned a leased car earlier this month. I have 3 other cars now and I am not in a great hurry to buy one either. Would like to know when is the better time to get a good deal. Thanks in advance for your help.
Also, when you look at the Sonata, I recommend you also look at the Elantra. It has a lot of interior room for its size (classified as a mid-sized car based on interior room) and may have enough for you. And it is lower priced than the Sonata, especially compared to the 2009 Sonata, and gets better fuel economy.
I hope she would calm down and go with me to test drive a Sonata (the Azera is a V6 car and not considered). Right now I need help to get a dealership in the central Jersey area with good deal. Waiting until the later part of 2008 to get a better deal is certainly a good idea. Thanks again.
P.S. The Elantra has almost exactly the same interior volume and trunk space as the 2004 E320.
Invoice- $ 22423
Dest- $ 675
Total- $ 23098
Towne discount $1900
Man Rebate $1500
Total $ 19698 plus Tax and tags
Your figures are correct except you have to add the doc fee, which was $189 the last I knew.
Also, if you want to add floor mats that would add $73. If you currently own a Hyundai, you would also get the $500 loyalty rebate.
The formula is: the internet price (typically X below invoice), less current rebate(s), plus doc fee, plus tax & registration & title fees.
Some states do not charge sales tax on the amount of the rebate. Most states in the north east charge sales tax on the price of the car before rebate. The tax in most N.E. states is the dealer selling price, which would be the "X below invoice price."
I know of 8 cars Towne sold to CT residents (recommended by me and a friend) since 2/07 and the formula has been the same--doc fee in each case was $189.
Limited L4 base: $22423
Navi: $1137
Mud Guards: $68
Cargo Net: $41
Destination: $675
Duc Fee: $189
Less Towne Discount: - $1900
Less Rebate: -$1500
Equal to: $21133 before NJ sales tax, tag and registration fee
How am I doing so far? Now I have to find out what item is taxable and what is not included in the sales tax computation, right?
Do you think the current deal ($1500 rebate plus $1900 discount below invoice) will end on 6/30 or will go into July as well? Backy suggested I can wait until later (near the year end) to get a better deal. Should I buy now or later? Thanks.
I think those that know me by the context of all my posts know that I am not a Hyundai Basher; I like the Azera, and I am planning on test driving the Genesis when I can. I have, to be fair, been down on the Sonata because of resale value and suspension noise, that Hyundai either is unwilling or unable to fix (I am not sure if they resolved that problem in the 2009).
I really want to know why anyone would consider paying more for Sonata than a comparably equipped Camry or Accord?
Thanks.
In some areas (NY,NJ ) the dealers are dropping their pants 4k+ immediately on an 08 elantra or 09 Sonata but in many others not. The Camry and Accord may be more viable there. There is a high demand the last 4 months or so for 30 mpg vehicles as too many $70 tank fillups finally got to the hold outs once gas approached $4.00. Some of the Hyundai dealers are playing that out for a few more months.
Good luck
--jjf
--jjf
While I can't speak for all locations I can say that at least in my neck of the woods you won't find the Camry for 17K (other than a CE with a manual) or a Accord for 18K. Market drives the price, if you're fortunate to live in a market where Camry's and Accord's go for the prices great, otherwise the Sonata becomes a viable option especially if you plan to keep the car longer than say 3 or 4 years.
Rebate programs can change from month to month--sometimes more attractive, sometimes less generous. If I needed a new car by the end of July, I'd probably buy now to lock in the current rebates (again, I'd get the owner loyalty rebate of $500 which may disappear in July). If you don't need a new car for six months or so, the rebates will probably become more attractive in a few months. But, since you are looking for a 4 cyl, you might do better to buy now. As gasoline continues to increase in price, we may find that rebates on 4 cyl cars are not as generous and/or the below invoice pricing may not be as attractive. (Look at what happened to Elantra pricing at Towne: $1600 below invoice on GLS & "call for SE models). While they are both 4 cyl, the top rating of the SE with ESC has increased demand for that trim and apparantly increased the market price.
Good Luck.
Base for 2008 Accord Ex-L L-4 with navi invoice price $25416
Destination charge $670
Total before tax, tag & doc fee $$26086
No rebate available & have no idea how much below invoice discount would be offered upon hard negotiation.
Now please tell me, Rotary, how much you think you can get this car for? I was told on this forum I could get a 2009 Sonata Limited L-4 with navi for about $22400 which includes sales tax (NJ 7%), tag and doc fee. I would buy this 2008 Accord for $23000 (everything included) which is $600 more than the 2009 Sonata. Academy Honda is about 8 miles away from me and I would be more than happy to go there.
You may be able to touch the Honda in the 24000's or a bit less in other parts of the country but that may be iffy. If the Hyundai dealer is messing with 2000 or so off msrp rather than 4000+ it s time to consider Honda. or elsewhere The base gls sonata and the Honda LX-P may be a better comparison.
Good luck
--jjf
Now please tell me, Rotary, how much you think you can get this car for? I was told on this forum I could get a 2009 Sonata Limited L-4 with navi for about $22400 which includes sales tax (NJ 7%), tag and doc fee. I would buy this 2008 Accord for $23000 (everything included) which is $600 more than the 2009 Sonata. Academy Honda is about 8 miles away from me and I would be more than happy to go there.
If you watch the "Real World MPG" boards, you'll notice that both Camry and Accord seem to have taken a hit since the weight gains. It seems that the newest V6 Sonatas are roughly equivalent to the 4 cyl Camry and Accords in mpg. The 4 cyl Sonatas seem to generally have an advantage. There are exceptions, but in general this seems to be the case this year........
Its just my opinion, but I don't think that either the Camry or the Accord are the great values they were in the near past. There are those that would disagree, but my opinion is that growing towards the full size spectrum of the market was the wrong way to go............
http://www.motortrend.com/roadtests/sedans/112_0808_top_five_family_sedan_compar- ison/index.html
Considering the Passat really doesn't belong in this test, this supposedly being a test of frugal family midsize sedans, the Sonata's results even look better....
It might be a bit premature to suggest that the Camry and Accord are following the early Taurus into oblivion, but I don't think its too early to suggest that the Hyundai is now a solid competitor, and that its even better when considering standard feature content, and value.........
For $17-$18k on a Sonata, you could get something like:
* GLS with 249 hp V6, ESC, and moonroof
* SE with 175 hp I4, 5AT (coming soon per MT review), 17" alloys, power seat, ESC, sport-tuned suspension (in other words, something like a Camry SE)
You might even be able to find a Limited I4 in the $18's, with leather, moonroof, upgraded audio, etc. etc.
Plus the longer Hyundai warranty to boot.
The bottom line is, the Sonata you get for $17-18k is NOT "comparably equipped" to the Camry or Accord you might be able to get for the same price.
So if someone does pay $20k for a Sonata I4, they are looking at a loaded Sonata I4, not the basic model you would get with a Camry or Accord.
And I'm not even considering that many people may actually prefer the Sonata to the Camry and Accord, irrespective of price. Like the editors of MT, for example.
Does that help answer your question?
Our putting the Passat in first place wasn't achieved without a couple rounds of rancorous "debate." Some felt the Volkswagen was so attractive and so far and away the best driver's car it would be nuts to consider anything else. Case closed-any questions? A minority view held that in this category, price, fuel economy (not needing premium gas), and a strong reliability rep (you can Google J.D. Power's views on the Passat for yourself) made the Sonata the glaringly obvious practical choice. These are two valid and not easily reconciled perspectives. Passion versus practicality. The tiny angel and devil on either shoulder whispering into our ears.
1ST PLACE VOLKSWAGEN PASSAT
Despite a high sticker and thirst for premium, wins by a nose due to driving fun.
2ND PLACE HYUNDAI SONATA
Only lacking the VW's verve; our #1 pick if family comes first.
Uhmm... these are "family cars," right?
Either way, I think this is a sign to buy a Sonata, it's definitely an awesome car all around. And it does have a better mpg estimate than Camry or Accord...although 1 mpg isn't a big difference!
I did not test drive the car or start the negotiation before departing. She said: Hope you don't get disappointed when you get there. I will believe you when you drive the car here and show me the actual receipt. So, before I drive up to Towne (some 70 miles away one way) and Stateline (about 90 miles one way), would anyone of you be kind enough to confirm that they indeed offer the $1900 below the invoice discount on Sonatas?
Tell her You SNOOZE, you LOSE "the deal"!!
FYI: I did not buy my car from Towne Hyundai. It was far for me. 380 miles one way
I'm just suprized the saleswoman didn't give you the old "nobody can sell this car that cheap, they would go out of business" routine.
If you make the deal a day or two before delivery and let them know when you plan to pick up the car, it will be cleaned up and ready for you. You will probably spend no more than 1/2 hour at the dealership to pick up your new car.
Wow! That really sounds too good to be true and I am afraid that friendly sales lady at Circle Hyundai would pass out upon hearing such offer by her competition. Hope you have a similar or better shopping experience, Nearphila. I will keep you folks updated.
No. There is a note on the Internet pricing, "Dealer discount includes $500 coupon from our web site."
Without navi (all in invoice price except tax, tag, etc):-
Base price $23494 (vs 22423 + 675 = 23098)
Discount $1900
Rebate $1500
Subtotal $ 20094 (vs $19698)
Sales tax $1511.58
Documentation $199
Motor vehicle $200 (estimated)
Total $22004.58 (vs $21594.79, a difference of $409.79)
With navi base $24631 (vs $23560 + 675 = $24235)
Discount $1000 (vs $1900)
Rebate $1500
Subtotal $22131 (vs $20835)
ETCH $199
Sales tax $1668.10
Documentation $199
Motor vehicle (estimated) $254
Total $24451.10 (vs $23078.31 without ETCH for a difference of $1372.79)
It looks the L-4 with navi is in higher demand than the L-4 without navi. But I would not pay $2400 more just to get the navi (everything else remains the same). I am amazed that the dealers can manipulate the numbers so successfully to suit their goal. Any thoughts?
You might also ask them to compare their "invoice" price with a published invoice price, e.g. those at Edmunds.com, and explain any difference. For example, some Hyundai dealers are known to charge a separate "advertising fee" on top of the invoice price. Just why they do that, I don't know, but I don't try to tell them how to run their business. I may not like a price I'm quoted, but a dealer is free to quote any price they want--America, home of the free and all that. And I'm free to walk if I don't like it.
Towne's prices (below invoice) have not been trim or option sensitive in the past.
Check with them and let us know how you do.
Good Luck.
However, model vs model trim has not had any difference for over a year in the Sonata or any other model until the recent CR rating of the Elantra.